India’s Nifty ends higher following a sharp late-session move tied to SEBI’s introduction of a closing auction session for F&O stocks. Multiple reports describe a surge in the final minutes as the official closing price rises to about 24,774.30, after the auction mechanism influences the settlement price process. The late uptick is attributed to higher auction-determined prices in several large, liquid constituents, with Reliance Industries and ICICI Bank cited as notable examples. The accounts also point to the structure of the new rules, which bring a closing auction phase for F&O stocks and can therefore shift price discovery toward the end of the trading day. As a result, the benchmark’s closing level reflects the auction outcome rather than only the regular continuous trading prices. The reports characterize the move as a rapid, auction-driven adjustment that affects heavyweight components and, in turn, lifts the overall index at the close.